December 27, 2011 -- Yunnan Baiyao Group, a maker of TCM products, officially began occupying its new 2.5 billion RMB ($396 million) production facility in Kunming city, Yunnan Province in southwest China. Phase I of the new site will be able to formulate 12 billion RMB ($1.9 billion) of products annually. Construction was begun four years ago on the site, which has a land area of 7.9 million square feet. More details....